Word: arcos
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...ship is named the S.S. Arco Anchorage, and it leaves at dawn for Long Beach, Calif., carrying 120,000 tons of oil. Outside the harbor's "narrows," a glitter of orange lights signals the impatience of the 800-ft.-long, 71,500-ton Exxon New Orleans, waiting its turn at the spigot. Though they are less than half as big as the Ultra-Large Carriers (ULCCS), both ships are leviathans of 20th century technology: supersized carriers of an increasingly scarce resource. They are also dinosaurs. When the oil is gone, or is replaced as an energy source, these tankers...
Speaking at the Manhattan Harvard Club, Bok said the grant is for the construction of facilities for the Arco Forum for Public Affairs, which will be the center of the school's new $12 million headquarters. The University expects to open the building for general use by September...
Pipes Under Pipes. First proposed in 1969, more than a year after the Atlantic Richfield Co. (Arco) struck oil at Prudhoe Bay, the pipeline ran into one delaying tactic after another. Alaska's natives-Eskimos, Aleuts and Indians -pressed for and won a federal law guaranteeing them a share of the pipeline's riches. Environmentalists insisted that the wildest of America's frontiers be protected, its delicate balance of nature left undisturbed. Not until the spring of 1974 did the bulldozers start moving; they began then only because the Arab oil embargo pressured Congress into passing...
Whoever buys the oil, the companies that discovered it and built the pipeline stand to earn staggering revenues from their investment-$5 billion annually if the U.S. economy continues to recover. The companies with the largest stake in the pipeline would be Sohio, Arco and Exxon. Already, seven of the eight consortium companies have filed proposed shipping charges with the Interstate Commerce Commission. They are stiff, ranging from $6.04 to $6.44 per bbl. just to get the crude from Prudhoe Bay to Valdez...
...Amerada Hess, Arco, Sohio, Exxon, Mobil, Phillips. Union and British Petroleum...